Stock Code: 000530; 200530 Short Form of the Stock: Daleng Gufen; Daleng B; No: 2017-017
DALIAN REFRIGERATION CO., LTD.
QUARTERLY REPORT FOR FIRST QUARTER, 2017
§1 Important Notes
1.1 The directors and the Board of Directors, the supervisors and the Supervisory Board, and Senior staff
members of Dalian Refrigeration Co., Ltd. (hereinafter referred to as the Company) hereby confirm that
there are no any important omissions, fictitious statements or serious misleading carried in this report, and
shall take all responsibilities, individual and/or joint, for the reality, accuracy and completeness of the whole
contents.
1.2 All the directors have attended this Board meeting of the Company except Mr Takagi Toshiyuki.
1.3 Chairman of the Board of Directors of the Company Mr. Ji Zhijian, Financial Majordomo Mr. Ma Yun,
and the head of Accounting Department Mrs. Mao Chunhua hereby confirm that the financial report of the
quarterly report is true and complete.
1.4 This report is written respectively in Chinese and in English. In the event of any discrepancy between the
two above-mentioned versions, the Chinese version shall prevail.
§2 Company Profile
2.1 Major accounting data and financial indexes
Increase/decrease over the same period of
January-March, 2017 January-March, 2016
last year
Total operating income 474,819,352.69 400,592,922.66 18.53%
Net profit attributable to shareholders of
33,297,454.56 25,527,518.21 30.44%
listed companies
Net profit attributable to shareholders of
listed companies after deducting 32,797,617.05 25,497,476.68 28.63%
non-recurring gains/losses
Net cash generated from operating activities -137,117,775.57 -89,736,770.51 -52.80%
Basic earnings per share 0.05 0.05 0.00%
Diluted earnings per share 0.05 0.05 0.00%
Return on equity 1.02% 0.96% Increase 0.06 percentage points
March 31, 2017 December 31, 2016 Increase/decrease over the end of last year
Total assets 4,994,298,464.88 4,983,511,574.26 0.22%
Owner’s equity attributable to shareholders
3,275,951,495.82 3,247,797,768.92 0.87%
of listed companies
non-recurring gains and losses
√ Applicable □ Inapplicable
Item of non-recurring gains and losses Amount from beginning of year to the end of report period
Disposal gains and losses of non-current asset 72,310.71
Government subsidies included in current profit or loss 355,000.00
Other operating revenue or expense 174,229.94
Income tax effect 107,497.41
Minority shareholders’ gains and losses -5,794.27
Total 499,837.51
2.2 Total number and particulars of the shareholders by the end of the report period
Total shareholders at the end of report period 41,152
Shareholding of top ten shareholders
Number of
Number of
pledged
Name Nature Proportion Total number shares with
shares or
sale restriction
shares frozen
Domestic non-state-owned
Dalian Bingshan Group Co., Ltd. 19.96% 122,083,524 0
legal person
SANYO ELECTRIC CO LTD Foreign legal person 8.58% 52,502,250 0
Zheshang Juchao New thinking hybrid
Others 1.77% 10,820,256 0
securities investment fund
Industrial Seourities Gold Kylin 2
Others 1.67% 10,229,236 7,280,081
Aggregate asset management plan
National Social Security Funds 104
Others 1.32% 8,100,000 5,864,510
Portfolio
National Social Security Funds 503
Others 0.96% 5,864,510 5,864,510
Portfolio
Caitong Capital Kunze No. 2 Securities
Others 0.96% 5,864,509 5,864,509
vInestment Fund
Shenzhen B & D Capital Fengnian Jinjia
Others 0.96% 5,864,509 5,864,509
No. 1 Fund
Lin Zhenming Foreign natural person 0.72% 4,450,000 0
Zheshang Juchao industry grow hybrid
Others 0.64% 3,932,595 0
securities investment fund
Particulars about shares held by the top ten negotiable shareholders not subject to conditional sales
Name of shareholder EORP (shares) Type
Dalian Bingshan Group Co., Ltd. 122,083,524 A
SANYO ELECTRIC CO LTD 52,502,250 B
Zheshang Juchao New thinking hybrid securities investment fund 10,820,256 A
Lin Zhenming 4,450,000 B
Zheshang Juchao industry grow hybrid securities investment fund 3,932,595 A
Sun Huiming 3,724,449 B
BOIC SECURITIES LIMITED 3,162,744 B
Wu An 3,110,036 B
Industrial and Commercial Bank of -Peng Hua reform dividend equity securities
3,000,000 A
investment fund
Industrial Seourities Gold Kylin 2 Aggregate asset management plan 2,949,155 A
Dalian Bingshan Group Co., Ltd. had the
association relationship with Sanyo Electric Co.,
Notes to the associated relationship and uniform actions of the above shareholders Ltd. among the above shareholders. Sanyo
Electric Co., Ltd. holds 26.6% of Dalian
Bingshan Group Co., Ltd.'s equity.
3 Important Matters
3.1 Major changes in main financial items and indexes, and description of the cause
√ Applicable □ Inapplicable
1. Accounts in advance increased significantly compared with the year-beginning, mainly due to the increase
in equipments in advance in the period.
2. Other current assets decreased significantly compared with the year-beginning, mainly due to the decrease
in value added tax and income tax of the accrued trade in allowance that the taxes payable transferred.
3. Employee compensation payable decreased significantly compared with the year-beginning, mainly due to
in the period the payment of provision employee compensation of last period-end.
4. Financial expense decreased significantly y-o-y, mainly due to the reduction in interest income in the
period.
5. Investment income increased significantly y-o-y, mainly due to the cash dividend 11.15 million from
Guotai Junan.
6. Net cash from operating activities decreased significantly y-o-y, mainly due to the increase in cash paid for
purchasing commodities and receiving labor service.
7. Net cash flow from investing activities reduced significantly y-o-y, mainly due to the increase in the
investment in cash 39.20 million to the Dalian Bingshan Group Management Consulting Co., Ltd.
8. Net cash flow from financing activities decreased significantly y-o-y, mainly due to the Company
receiving of special fund of China Development Fund the last year.
3.2 Important Progress and the analysis of the influence and solution
□Applicable√Inapplicable
3.2 Important Progress and the analysis of the influence and solution
□Applicable√Inapplicable
3.3 Commitments of the Company or its shareholders , actual controller and other related parties in the
reporting period or carried to the reporting period
□ Applicable √ Inapplicable
3.4 Precautions on forecasting that by the beginning of year till the end of the next report period, the
accumulated net profit may be turned into loss or change greatly compared with that in the same period of
the last year, and description of the cause
□ Applicable √ Inapplicable
3.5 The securities investment
□ Applicable √ Inapplicable
3.6 Derivative investment
□ Applicable √ Inapplicable
3.7 Table of investigation, communication, interview received
Receiving time Way of receiving Received object type Basic situation index
Jan. 03, 2017 Field investigation Institution http://irm.cninfo.com.cn/ssessgs/S000530
Take part in China international capital
Jan.04, 2017 Institution http://irm.cninfo.com.cn/ssessgs/S000530
corporation New technology BBS
Jan. 12, 2017 Field investigation Institution http://irm.cninfo.com.cn/ssessgs/S000530
Jan. 18, 2017 Field investigation Institution http://irm.cninfo.com.cn/ssessgs/S000530
Jan. 19, 2017 Field investigation Institution http://irm.cninfo.com.cn/ssessgs/S000530
Mar.08,2017 Field investigation Institution http://irm.cninfo.com.cn/ssessgs/S000530
Mar.09,2017 Field investigation Institution http://irm.cninfo.com.cn/ssessgs/S000530
3.8 Violation of external guaranty
□ Applicable √ Inapplicable
3.9 Non-operation capital occupation by holding shareholders and their related parties in the listed company
□ Applicable √ Inapplicable
Board of Directors of Dalian Refrigeration Co., Ltd.
April 22, 2017
